Look out for Re-Deposit Bonuses – More and more Binary Option trading sites are now offering their regular and most loyal customers with something known as Re-deposit bonuses, these are offered to you from time to time and whenever you make a qualifying deposit then you will be credited with a bonus into your trading account, and it does go without saying the more cash you have in your account the more chance you will have of making a winning trade!
As this site xbinop serves mainly for beginners and lately it seems that we’ve somewhat forgotten you due to the many advanced techniques, I have prepared this post with tips for all of you, that can serve you as a most important starting point. Here you will find a few articles and videos, which are particularly suitable for the successful start to trade binary options for trading novices.
If there was a holy grail in trading, everyone would have used it to make money. But there’s not. As such, traders adapt their strategies to various market conditions. In the case of Forex trading, risk reward ratios help traders survive in the long run. In the case of binary options trading, it all comes down to the expiration date and the size of your trade.
Successful traders research their assets well, keeping up to date with any news that is likely to affect their asset price and keep an eye on an Economic Calendar, checking what events are coming up that may cause the asset price to rise or fall. In addition, they use proven strategies that work for them. Trading without research or reliable binary options trading strategy is a sure way to lose more trades than you win and your broker will love you!
Binary options are often considered a form of gambling rather than investment because of their negative cumulative payout (the brokers have an edge over the investor) and because they are advertised as requiring little or no knowledge of the markets. Gordon Pape, writing in Forbes.com in 2010, called binary options websites "gambling sites, pure and simple", and said "this sort of thing can quickly become addictive... no one, no matter how knowledgeable, can consistently predict what a stock or commodity will do within a short time frame".